Endeavor Selects Five Entrepreneurs From Four Markets at the 36th Virtual International Selection Panel

Endeavor selected five entrepreneurs leading four companies at the 36th Virtual International Selection Panel (ISP) held April 26-28, 2023. Endeavor now supports 2,438 entrepreneurs leading 1,506 companies in 41 markets around the world.

The ISP is the culmination of a rigorous, multi-step selection process to identify high-impact entrepreneurs from all over the world. During this process, we seek founders with the greatest growth potential, as well as those who commit to reinvesting time and resources into their local ecosystems to help build the next generation of entrepreneurs.

During the ISP, panelists interview a select group of candidate entrepreneurs about their businesses. Then, panelists evaluate the entrepreneurs on their potential for high-impact growth, discuss which candidates should be selected to become Endeavor Entrepreneurs, and ultimately, vote to select new Endeavor Entrepreneurs.

Endeavor would like to thank our panelists: Edgar Bronfman, Waverly Capital (Endeavor Global Board Chair); Martín Escobari, General Atlantic Partners (Endeavor Global Board Member); Valeria Alberola, ZOMALAB (Endeavor Colorado Board Member); Adetayo Bamiduro, MAX (Endeavor Entrepreneur); Santiago Subotovsky, Emergence Capital Partners (Endeavor Entrepreneur); Martin Claure,  Aprende (Endeavor Entrepreneur); Adalberto Flores, Kueski (Endeavor Entrepreneur);Tjaart Van Der Walt, Tyme (Endeavor Entrepreneur); Courtney Nichols Gould, New Atlantis Labs; Mauro Schnaidman, Quantum Leap International; Shari Loessberg, MIT Sloan School of Management; and Chris Zook, Bain & Company. 

Endeavor Entrepreneurs have had a significant track record of impact. They have helped build sustainable growth models in their home countries by creating more than four million jobs, and Endeavor’s active portfolio companies generated combined revenue of nearly $50B throughout 2022.

Learn more about our new Endeavor Entrepreneurs below:

99 Group

Entrepreneur: Darius Cheung

Vertical: Retail & Consumer Tech

Endeavor Office:  Indonesia 

Description: Founded in 2008, 99 Group is the holding company of four property marketplaces, including 99.co, SRX, iProperty, and Rumah123. Today, 99 is the leading property marketplace in Indonesia and the second-leading platform in Singapore. 99 aims to transform the once analog and classified property market into an easy-to-use, digital model to match users to the right property for them. 99 differentiates through data insights to provide accurate property valuation, a user-friendly platform experience, and trusted and authenticated listings. The company has raised over $80M in capital, including its most recent $48M Series C led by Gaw Capital Partners.

Cobee

Entrepreneur: Borja Aranguren

Vertical: B2B Software

Endeavor Office: Spain 

Description: Founded in 2018, Cobee is a modular, all-in-one platform solution that centralizes, digitizes, and simplifies the creation and management of employee benefit plans. For employees, Cobee’s platform offers a flexible and transparent benefits experience, including a co-branded Visa credit card and automated payroll processes, and an app that consolidates all aspects of the benefits program into a single point of contact. For businesses, Cobee reduces the administrative workload required to manage benefits plans by up to 80% and aggregates a suite of employee management tools into a single platform. Today, Cobee’s team is comprised of 148 staff members serving thousands of employees across Spain, Portugal, and Mexico.

Devsu

Entrepreneurs: Felipe Cornejo & César Salazar

Vertical: B2B Software

Endeavor Office: Ecuador

Description: More than 40% of companies globally struggle to find quality tech talent. Founded in 2010, Devsu is a B2B technology service provider that helps businesses across the U.S. and Latin America address their digital innovation needs. The company primarily offers a staff augmentation solution, allowing businesses to add expert software and IT talent from Devsu’s network of 10K+ vetted professionals directly to their internal teams on demand. Projects can be staffed within 14 days, and clients can increase or decrease the size of their tech team as needed. Devsu has been bootstrapped since its founding, and Devsu teams have completed 500+ projects and logged 1M+ project hours to date.

Flocash

Entrepreneur: Sirak Mussie

Vertical: Fintech

Endeavor Office: Kenya

Description: Africa’s digital payments ecosystem is flourishing, yet still heavily fragmented. As a result, online merchants across Africa suffer from difficult reconciliation processes and long cash collection cycles. Via one single API, Flocash is enabling merchants across the African continent to accept over 200 different payment methods across 50 countries in a fast and convenient way. The company is a payment gateway focused on the travel sector. Flocash has established itself as the leading player in the sector, having landed key clients including Ethiopian Airlines, Amadeus, Qatar Airways, and Emirates, and key partnerships with the likes of Visa, M-Pesa, and MTN (amongst other major banks and telecom operators in the continent).